Paper Loan Check Endorsements

If the borrower (student or parent) does not authorize the electronic transmittal of a loan to the University of Cincinnati or if the lending agency remits loan proceeds in paper check form, a check (payable to UC and the student) will be mailed to Student Accounts. Upon receipt the borrower (student or parent) will receive either a letter or e-mail (to their Bearcat account) that UC has received the check.  The student borrower must come to the One Stop Student Services Center within 25 days of receiving the e-mail to endorse the check.  Checks not endorsed within 25 days will be returned to the lender. 

Distance Learning students and parent borrowers will receive a letter with the actual check.  It is important to endorse the check and return it ASAP to Student Accounts. 

NOTE: A final eligibility check will be made before posting any loan to the student's account.  Please be sure the student is enrolled at least 1/2 time (6 credit hours) and has done loan entrance counseling (http://www.financialaid.uc.edu/loan_counseling.html).

Whenever possible borrowers are encouraged to authorize their lender to transmit their loan proceeds electronically.  This process will greatly reduce the time it takes to post your loan to the student's account and reduces the possibilitiy of a late payment fee.